Code of Conduct
Our Code of Business Conduct and Ethics applies to all of our directors, officers and employees. Please click on the link below to download Magnachip’s Code of Business Conduct and Ethics.
Protection of Whistleblowers
Whistleblowers are protected by the laws of the Republic of Korea and the United States, and the Company will strictly abide by all applicable laws. All concerns will be thoroughly and confidentially investigated by the Compliance & Internal Audit Team or the Audit Committee, and appropriate action will be taken where necessary.
Disclosure of the identity of a whistleblower without the whistleblower’s consent is not allowed. Employees or Teams outside the Compliance & Internal Audit Team are prohibited from inquiring as to a whistleblower’s identity.
Magnachip will not retaliate in any way against whistleblowers, and will deal strictly against anyone who does. Such retaliation includes, but is not limited to, demotions, harassment and bias in performance reviews.
How to Raise Concerns
Concerns can be raised anonymously by writing to the Compliance & Internal Audit Team
at Magnachip Semiconductor, Ltd., 15F, V-PLEX, 501, Teheran-ro, Gangnam-gu, Seoul 06168, South Korea.
Although whistleblowers have the right to report anonymously, Magnachip cannot provide the results of the investigation to the whistleblower if anonymous.
You can also report concerns online using Online Reporting, and your identity will be strictly protected and remain confidential.
When filing a report, please provide, clearly in a “5Ws (who, where, when, why, what) ” and “How” format, a full description of the circumstances, the personal details of the individuals concerned, and any supporting documents or media. Defaming an individual or an entity based on non-company matters is not permitted. The reporting system should not be used to defame, harass or file unfounded or fictitious allegations.
Should you have any questions, please contact the Compliance & Internal Audit Team at +82-2-6903-3491.
The identity of a whistleblower is strictly protected and all investigations are confidential.
Although anonymous reporting is allowed, we recommend that you use your real name and a valid e-mail address.
Describe the alleged violator’s personal information and the alleged wrongdoing (who, what, why, when, where and how).
Defamation based on private matters is not permitted.